Here’s a great story that was posted on Donald Trump’s blog today. It gave me a good laugh. A woman in Iowa was fired from her job at an industrial equipment manufacturing company for working on a romance novel on company time. The woman, who had a desk job, began her job in August. After […]
If you currently work a full-time job and want to quit someday, buying rental property is one of the fastest ways to create income and build wealth. Most likely, you already have experience with purchasing your own home, so buying rental property should come easy if you’re willing to give it a shot. You can create enough income to quit your […]
Homes are the most common (and most expensive) assets purchased by Americans. By 2006, some 69 percent of Americans bought homes, up from only 44 percent in 1940. Homeownership has been — at least until the advent of the subprime mortgage crisis last summer — an easy road to amassing wealth. From 2000 to 2006, the average price […]
A study in The Journal of Consumer Research finds that people have more trouble choosing between bad alternatives than good ones. In one experiment, college students were asked to choose between a car with a poor warranty and one without air-conditioning. They took 26 percent longer to choose than students who were asked to pick […]
According to an article in the New York Times today, successful entrepreneurs say that they have learned as much from their failures as their successes. As a firm believer in learning from mistakes, I posted part of this article below. Failures underscore the need to take chances. The cliché is right: If you take no risks, there will […]
As you know, real estate foreclosures are at an all-time high throughout the United States. Facing a collapse in the subprime mortgage market that leaves cities with vacant houses and crippled budgets, the nation’s mayors are pleading for federal aid. As a citizen I believe it’s unfortunate that many families, who we’re misled by lenders to take inappropriate […]
An article in today’s New York Times announced the Federal Reserve’s decision to reduce interest rates. The decision came after an unplanned policy meeting on Monday evening, and it reduced the Fed’s overnight lending rate by three-quarters of a percentage point, to 3.5 percent. First, I want to make it clear that I have always been a big supporter […]
A front-page article in today’s New York Times reports that a home buyer in California has filed a suit in North County Superior Court, claiming damages because she paid too much for her house. The buyer claims that the broker, in an effort to protect a commission, concealed the fact that comparable homes in the area were selling for […]
Today I provide some examples of how you might go about finding some good deals: Look at bulletin boards, local papers and small independent publications. REO stands for Real Estate Owned. Make friends with your local lenders and let them know you are the one to call when they have a foreclosure looming or in progress. […]
If you are a real estate investor, you likely know what it’s like trying to find financing for your next deal. Depending on your financial situation, this could be easy or extremely difficult. Especially with foreclures still running high, some banks have tightened their lending policy. So what are the options for financing properties during […]
March 2017 Flagstaff Winter Ascent
The last couple of years has flown by, and it has been low key in terms of hiking/climbing. Back in 2014 my wife and I thought it was best to move back to our hometown, St. Louis. We had been living in Phoenix, AZ for 3 years and figured maybe it was better to be […]
What It Means to Have Laser Beam Focus
I’ll never forget one of the funniest (but serious) managers I’ve had while working in sales at Sears. He used to say “focus like a laser beam” when he wanted us to understand something important. This manager was from a foreign country, which made his statements funny to hear him say, but he was a […]
Refresh Your Life By Taking It Outdoors
When you find yourself having a bad week, or your just bored and need a change of pace, never forget there’s plenty of things to do outdoors. In my case, living in Arizona makes this extremely easy and I’m proud to say that moving here was a great decision. Feel free to browse the pics […]
Hi, I’m Rob Myrick. I’m a 33-year old guy who lives in Phoenix, Arizona. I have a beautiful wife, an adorable dog, and no children. I’m pretty much an ordinary
... Read More »
Connect With Rob
Connect with us on the following social media platforms.